Stepout hole ET-17-144
at Oceanus Resources Corp.'s 100-per-cent-owned El Tigre property in
Sonora, Mexico, intersected high-grade gold and silver mineralization in
the Protectora vein. Hole ET-17-144 returned 3.15 meters of 36.6 g/t
gold equivalent from a depth of 88.25 meters to 91.40 meters consisting
of 10.1 g/t gold and 1990.9 g/t silver. This intercept included 0.85
meters of 135.1 g/t gold equivalent consisting of 37.2 g/t gold and
7,338.9 g/t silver. Hole ET-144 also returned 1107.36 g/t silver and
0.024 g/t gold over 1.5 meters from a depth of 188.65 meters to 190.15
meters.
The true width has not been calculated for the intercepts, but true
width is generally estimated at 75-90% of drilled width. The gold
equivalent ratio is based on a gold-to-silver price ratio of 75:1.
Drill hole ET-17-144 is located approximately 800 meters north of the
end of the old El Tigre mine where the Camp is located. The hole was
drilled to test the Protectora vein at a shallow depth. In drill hole
ET-17-144, the Protectora vein is hosted by a brecciated, dark grey
fragmental tuff of the El Tigre Formation. The mineralized zone
consists of several vuggy quartz veins and veinlets carrying galena,
sphalerite, chalcopyrite, stromeyerite and pyrite.

Glenn Jessome, President and CEO of Oceanus reports, "The high gold and
silver grades intersected in drill hole ET-17-144 are reminiscent of
the bonanza silver and gold grades mined underground in the 1920's and
1930's at the old El Tigre mine which is 800 meters to the south.
Surface mapping shows that the Protectora vein and alteration zone, that
has not been mined, extends along strike to the north from the old El
Tigre mine for 1,500 meters. This 1,500 meter long extension presents a
new exploration target to find additional near surface mineralization.
Our recent step-out drill results to the north and south are very
encouraging." Refer to the Oceanus news releases dated September 14, 2016, October
18, 2016, December 14, 2016, March 6, 2017 and May 25, 2017 for the
assay results for the previous drill holes.
El Tigre Drilling Program and Resource Estimate

Oceanus has completed the 2016-17 infill drilling program at El Tigre
with a total of 62 diamond drill holes totalling 11,923.1 meters. The
purpose of this drill program was to support a NI 43-101 resource
estimation for the El Tigre Property. The results from the Oceanus
drilling, prior drilling and other data will be incorporated into the
resource estimation to be completed by P&E Mining Consultants Inc.
by the end of June, 2017.
Prospecting Work to the North at La Chula

As press released on May 25, 2017 field mapping and prospecting surveys
have identified newly discovered mineralization, which has been named
La Chula vein system. La Chula is located approximately 2 kilometers
north of hole ET-17-144 drilled at Protectora (see map at Appendix A).
An extensive mapping and prospecting program is now being carried out at
La Chula.

El Tigre Property
The El Tigre Property lies at the northern end of the Sierra Madre gold
belt which hosts many of the larger multi-million ounce epithermal gold
and silver deposits including Ocampo, Pinos Altos, Dolores and
Palmarejo. In 1896, gold was first discovered on the property in the
Gold Hill area and mining started with the Brown Shaft in 1903. The
focus soon changed to mining high-grade silver veins in the area with
the majority of the production coming from the El Tigre vein.
Underground mining on the El Tigre vein extended 1,450 meters along
strike and mined on 14 levels to a depth of 450 meters. By the time
the mine closed in 1938, it is reported to have produced a total of
353,000 ounces of gold and 67.4 million ounces of silver from 1.87
million tons (Craig, 2012). The El Tigre Property is approximately 35 kilometers long and comprises
21,842.78 hectares. The El Tigre gold and silver deposit is related to a
series of high-grade epithermal veins controlled by a north-south
trending structure cutting across the andesitic and rhyolitic tuffs of
the Sierra Madre Volcanic Complex within a broad gold and silver
mineralized propylitic alternation zone. The veins dip steeply to the
west and are typically 1 meter wide but locally can be up to 5 meters in
width. The veins, structures and mineralized zones outcrop on surface
and have been traced for a distance of 5.3 kilometers along strike.
Historical mining and exploration activities focused on a 1.5 kilometer
portion of the southern end of the deposits, principally on the El
Tigre, Seitz Kelly and Sooy veins. Four veins in the north (Aguila,
Escondida, Fundadora and Protectora) were explored with only limited
amounts of production.

Lab Preparation and Assay
The diamond drill core (HQ size) is geologically logged, photographed
and marked for sampling. When the sample lengths are determined, the
full core is sawn with a diamond blade core saw with one-third of the
core being bagged and tagged for assay. The remaining two-thirds portion
is returned to the core trays for storage and/or for metallurgical test
work.
The sealed and tagged sample bags are transported to the ActLabs
facility in Zacatecas, Mexico. ActLabs crushes the samples and prepares
200-300 gram pulp samples with ninety percent passing Tyler 150 mesh
(106microm). The pulps are assayed for gold using a 50 gram charge by
fire assay (Code 1A2-50) and over limits greater than 10 grams per tonne
are re-assayed using a gravimetric finish (Code 1A3-50). Silver and
multi-element analysis is completed using total digestion (Code 1F2
Total Digestion ICP). Over limits greater than 100 grams per tonne
silver are re-assayed using a gravimetric finish (Code 8-Ag FA-GRAV Ag).

Quality Assurance / Quality Control and Data Verification
Quality assurance and quality control ("QA/QC") procedures monitor the
chain-of-custody of the samples and includes the systematic insertion
and monitoring of appropriate reference materials (certified standards,
blanks and duplicates) into the sample strings. The results of the
assaying of the QA/QC material included in each batch are tracked to
ensure the integrity of the assay data. All results stated in this
announcement have passed Oceanus' QA/QC protocols.

Qualified Person
David R. Duncan, P. Geo., V.P. Exploration of the Company, is the
Qualified Person for Oceanus as defined under National Instrument
43-101. Mr. Duncan has reviewed and approved the scientific and
technical information in this press release and has reviewed the
Technical Report.
About Oceanus Resources Corporation
Oceanus Resources Corporation is a gold exploration company operating
in Mexico. Oceanus is managed by a team of mine finders with extensive
experience in exploring and developing large hydrothermal gold projects
in Mexico. Oceanus is currently drilling and exploring the El Tigre
Property in the Sierra Madre Occidental.
We seek Safe Harbor.

EXPECT A BIG YEAR AHEAD AS WE ENTER THE SUPERBULL OF MARKET PHASES Throughout the year I evaluate where I am investing for the following 6...

THE MARKETS MOVE FAST

Follow by Email

*PLEASE READ THE CONDITIONS OF USE FOR THIS BLOG!

CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.

PLEASE NOTE: thetradersdigest.blogspot.com and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.

Release of Liability: Through use of this email / blog / website viewing or using you agree to hold thetradersdigest.blogspot.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data.Thetradersdigest.blogspot.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and thetradersdigest.blogspot.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies.

None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead thetradersdigest.blogspot.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review Sedar, SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. thetradersdigest.blogspot.com is compliant with the Can Spam Act of 2003.

Thetradersdigest.blogspot.com does not offer such advice or analysis, and thetradersdigest.blogspot.com further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of the companies profiled.

Thetradersdigest.blogspot.com is often times compensated to feature certain companies. These third parties may have shares and may liquidate, which may negatively affect the stock price. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company.

The Private Securities Litigation Reform Act of 1995 provides investors a ‘safe harbor’ in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be “forward looking statements”. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks an uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as “projects”, “foresee”, “expects”, “will”, “anticipates”, “estimates”, “believes”, “understands”, or that by statements indicating certain actions “may”, “could”, or “might” occur. Understand there is no guarantee past performance will be indicative of future results.

In preparing this publication, thetradersdigest.blogspot.com has relied upon information supplied by its customers, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, thetradersdigest.blogspot.com and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. thetradersdigest.blogspot.com is not responsible for any claims made by the companies advertised herein, nor is thetradersdigest.blogspot.com responsible for any other promotional firm, its program or its structure.

Third Party Web Sites and Information: thetradersdigest.blogspot.com and newsletter may provide hyperlinks to third party websites or access to third party content. thetradersdigest.blogspot.com does not control, endorse, or guarantee content found in such sites. You agree that thetradersdigest.blogspot.com is not responsible for any content, associated links, resources, or services associated with a third party site. You further agree that thetradersdigest.blogspot.com, Inc. shall not be liable for any loss or damage of any sort associated with your use of third party content. Links and access to these sites are provided for your convenience only.